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Hess Midstream LP

HESM US

HESM USHess Midstream LP

United States Composite

34.91

USD

-0.03

(-0.09%)

2.05EPS Dil.

16.99P/E

2.39BMarket Cap

6.29%Div. Yield

Next Earnings

January 23

Ex-Dividend Date

November 1

Dividend Date

November 14

Held by Insiders

1.69%

Held by Institutions

87.58%

Short % of Float

5.63%

YTD Yield

4.12%

3Y Yield

31.87%

Capital Structure

FRC

•

in mil. unless spec.

Mar'23

Jun'23

Sep'23

ST Debt

LT Borrowings

2,985

3,061

3,138

LT Finance Leases

- -

Preferred Equity and Hybrid Capital

- -

Shares Outstanding

Market Capitalization

1,276

1,744

1,991

Working Capital

FRC

•

in mil. unless spec.

Mar'23

Jun'23

Sep'23

Total Current Assets

117

114

138

Cash, Cash Equivalents & STI

Accounts Receivable, Net

109

110

122

Inventories

- -

Total Current Liabilities

139

149

174

Payables & Accruals

130

134

153

ST Debt

Deferred Revenue

- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years

5 years

1 year

Sales/Revenue/Turnover

26.59%

17.97%

5.90%

Net Income, GAAP

35.01%

36.06%

82.61%

Free Cash Flow

20.87%

29.99%

-1.42%

Total Cash Common Dividend

- -

-3.71%

85.71%

Total Equity

57.20%

-25.80%

-29.75%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

2021

289

295

304

316

1,204

2022

312

313

335

315

1,275

2023

305

324

361

- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

2021

0.45

0.44

0.40

0.51

1.81

2022

0.50

0.53

0.50

2.03

2023

0.47

0.50

0.56

- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

2021

0.42

0.45

0.51

0.52

1.93

2022

0.52

0.55

0.56

0.57

2.20

2023

0.57

0.52

0.55

- -

Company Description

CEO: Mr. John B. Hess
Sector: Energy
Industry: Oil & Gas Midstream
Address: 1501 McKinney Street Houston TX United States 77010
Website: www.hessmidstream.com
Business: Hess Midstream LP owns, develops, operates, and acquires midstream assets. The company operates through three segments: Gathering; Processing and Storage; and Terminaling and Export. The Gathering segment owns natural gas gathering and compression systems; crude oil gathering systems; and produced water gathering and disposal facilities. Its gathering systems consists of approximately 1,380 miles of high and low pressure natural gas and natural gas liquids gathering pipelines with capacity of approximately 590 million cubic feet per day; crude oil gathering system comprises approximately 560 miles of crude oil gathering pipelines; and produced water gathering system that includes approximately 290 miles of pipelines in gathering systems. The Processing and Storage segment comprises Tioga Gas Plant, a natural gas processing and fractionation plant located in Tioga, North Dakota; a 50% interest in the Little Missouri 4 gas processing plant located in south of the Missouri River in McKenzie County, North Dakota; and Mentor Storage Terminal, a propane storage cavern and rail, and truck loading and unloading facility located in Mentor, Minnesota. The Terminaling and Export segment owns Ramberg terminal facility; Tioga rail terminal; and crude oil rail cars, as well as Johnson's Corner Header System, a crude oil pipeline header system. Hess Midstream LP was founded in 2014 and is based in Houston, Texas.

Company Description

CEO: Mr. John B. Hess
Sector: Energy
Industry: Oil & Gas Midstream
Address: 1501 McKinney Street Houston TX United States 77010
Website: www.hessmidstream.com
Business: Hess Midstream LP owns, develops, operates, and acquires midstream assets. The company operates through three segments: Gathering; Processing and Storage; and Terminaling and Export. The Gathering segment owns natural gas gathering and compression systems; crude oil gathering systems; and produced water gathering and disposal facilities. Its gathering systems consists of approximately 1,380 miles of high and low pressure natural gas and natural gas liquids gathering pipelines with capacity of approximately 590 million cubic feet per day; crude oil gathering system comprises approximately 560 miles of crude oil gathering pipelines; and produced water gathering system that includes approximately 290 miles of pipelines in gathering systems. The Processing and Storage segment comprises Tioga Gas Plant, a natural gas processing and fractionation plant located in Tioga, North Dakota; a 50% interest in the Little Missouri 4 gas processing plant located in south of the Missouri River in McKenzie County, North Dakota; and Mentor Storage Terminal, a propane storage cavern and rail, and truck loading and unloading facility located in Mentor, Minnesota. The Terminaling and Export segment owns Ramberg terminal facility; Tioga rail terminal; and crude oil rail cars, as well as Johnson's Corner Header System, a crude oil pipeline header system. Hess Midstream LP was founded in 2014 and is based in Houston, Texas.